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Hungary Publishes Revised List of Non-Cooperative Jurisdictions

|Approved Changes|Hungary
Hungary

Hungary has published Decree 5/2021. (VI. 8.) from the Minister of Finance, which contains a revised list of non-cooperative jurisdictions. The list is primarily used in relation to Hungary's controlled foreign company (CFC) defensive measure that applies from 1 January 2021 and provides that certain exemptions from the CFC rules may not be applied in relation to foreign companies established i…

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